Foresight Enterprise VCT (LON:FTF) Reaches New 12-Month Low – Here’s What Happened

Foresight Enterprise VCT (LON:FTF)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 49 ($0.64) and last traded at GBX 49 ($0.64), with a volume of 5000 shares changing hands. The stock had previously closed at GBX 50.50 ($0.66).

Foresight Enterprise VCT Price Performance

The stock’s 50 day moving average price is GBX 55.63 and its two-hundred day moving average price is GBX 57.22. The firm has a market capitalization of £134.71 million, a price-to-earnings ratio of 1,225.00 and a beta of -0.03.

Foresight Enterprise VCT Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a dividend of GBX 7.10 ($0.09) per share. The ex-dividend date of this dividend is Thursday, October 31st. This is an increase from Foresight Enterprise VCT’s previous dividend of $3.30. This represents a dividend yield of 12.46%. Foresight Enterprise VCT’s dividend payout ratio (DPR) is 17,500.00%.

Foresight Enterprise VCT Company Profile

Foresight Enterprise VCT Plc is a venture capital trust managed by Foresight Group. It specializes in investments in unquoted companies. It mainly invests in the technology, media & telecommunication, industrials & manufacturing, healthcare, business services, consumer & leisure. It typically invests in United Kingdom.